Opunul Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the b
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Opunul Corporation has two manufacturing departments-Molding and Finishing. The company used the following data at the b
company used the following data at the beginning of the year to calculate predetermined overhead rates Estimated total machine-hours (Mets) Estimated total fixed manufacturing overhead cost Estimated variable manufacturing overhead cost per Hi Direct materials Direct labor cost Molding machine-hours Finishing machine-hours Job A $15,400 $ 22,400 1,250 1,250 3,250 $ 19,000 $2.50 Job H $ 9,200 $9,100 2,000 500 1,750 $ 4,300 $5.00 During the most recent month, the company started and completed two jobs Job A and Job M. There were no beginning inventories. Data concerning those two jobs follow Total 5,000 $ 23,300 Assume that the company uses a plantwide predetermined manufacturing overhead rate based on machine-hours and uses a markup of 40% on manufacturing cost to establish selling prices. The calculated selling price for Job A is closest to: (Round your intermediate calculations to 2 decimal places.)
Opunul Corporation has two manufacturing departments-Molding and Finishing. The